Friday, January 28, 2005


The DJIA was up 34 points on the week in what is considered a reversal price bar. It made a lower low than last week, yet closed up. The indicators below still look like the market is going south, so the ambiguous indicators in the daily price chart (below) might be resolved by lower prices on the Dow. Any upward move looks like it would be short-lived. Let's see how bext week starts.

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